Track market-moving stories before they get noisy

Newmont Corporation (NEM - Free Report) closed the most recent trading day at $94.04, moving -3.88% from the previous trading session. The stock's change was less than the S&P 500's daily loss of 0.1%. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.43%.

The stock of gold and copper miner has fallen by 12.34% in the past month, lagging the Basic Materials sector's loss of 3.56% and the S&P 500's loss of 1.34%.

Market participants will be closely following the financial results of Newmont Corporation in its upcoming release. The company's earnings per share (EPS) are projected to be $2.25, reflecting a 57.34% increase from the same quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $6.19 billion, indicating a 16.38% increase compared to the same quarter of the previous year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $9.91 per share and revenue of $27.25 billion, which would represent changes of +43.83% and +20.2%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for Newmont Corporation. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.93% higher. As of now, Newmont Corporation holds a Zacks Rank of #1 (Strong Buy).

Investors should also note Newmont Corporation's current valuation metrics, including its Forward P/E ratio of 9.88. For comparison, its industry has an average Forward P/E of 9.01, which means Newmont Corporation is trading at a premium to the group.

We can additionally observe that NEM currently boasts a PEG ratio of 1.62. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Mining - Gold was holding an average PEG ratio of 0.88 at yesterday's closing price.

The Mining - Gold industry is part of the Basic Materials sector. At present, this industry carries a Zacks Industry Rank of 167, placing it within the bottom 32% of over 250 industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

In the latest trading session, Dow Inc. (DOW - Free Report) closed at $29.38, marking a -3.13% move from the previous day. This move lagged the S&P 500's daily loss of 0.1%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.43%.

Shares of the materials science have depreciated by 14.03% over the course of the past month, underperforming the Basic Materials sector's loss of 3.56%, and the S&P 500's loss of 1.34%.

Analysts and investors alike will be keeping a close eye on the performance of Dow Inc. in its upcoming earnings disclosure. The company's earnings report is set to go public on July 23, 2026. The company's earnings per share (EPS) are projected to be $0.88, reflecting a 309.52% increase from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $12.16 billion, indicating a 20.36% growth compared to the corresponding quarter of the prior year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $2.61 per share and a revenue of $43.64 billion, signifying shifts of +377.66% and +9.19%, respectively, from the last year.

Investors should also take note of any recent adjustments to analyst estimates for Dow Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 10.29% higher. Dow Inc. is holding a Zacks Rank of #1 (Strong Buy) right now.

Looking at its valuation, Dow Inc. is holding a Forward P/E ratio of 11.6. This signifies a discount in comparison to the average Forward P/E of 15.94 for its industry.

One should further note that DOW currently holds a PEG ratio of 0.21. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Chemical - Diversified industry held an average PEG ratio of 1.23.

The Chemical - Diversified industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 97, finds itself in the top 40% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against First Solar, Inc. (“First Solar” or “the Company”) (NASDAQ: FSLR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s securities between February 26, 2025 and February 24, 2026, inclusive (the “Class Period”), are encouraged to contact the firm before August 24, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. First Solar misled investors about its ability to mitigate the impact of tariffs on its operations. The Company overstated its ability to shift operations to the United States from Malaysia and Vietnam. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about First Solar, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

The media is filled with articles regarding companies that writers tout as solid investments, but there aren't nearly as many discussing which stocks the writers think would be best left untouched. Yet avoiding bad stocks is just as important to your long-term returns as buying the great ones.

In my view, there are pretty clear reasons to steer clear of Space Exploration Technologies (SPCX 0.97%), Palantir (PLTR 2.79%), and AMD (AMD 0.29%), and they all boil down to one issue: valuation. Regardless of the health of the underlying businesses behind them, all three of these stocks' run-ups have significantly outpaced their actual financial results.

Image source: Getty Images.

1. SpaceX Although SpaceX is the new hotness on the market, I think it's a stock investors should steer clear of. The reality is quite simple: SpaceX doesn't have the financials to justify a trillion-dollar market cap, let alone its current $2.1 trillion valuation. In 2025, it generated $18.7 billion in revenue. That indicates a price-to-sales ratio of 112. Generally, a stock trading at 20 to 30 times sales is viewed as overvalued. When one reaches 100 times sales, alarms should be sounding in investors' heads.

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Very few companies maintain valuations above 100 times sales for long, as stocks normally correct to more closely align with actual business results. I think such a correction could be coming for SpaceX in the months ahead, as the combination of IPO hype and an extremely small public float was bound to boost the stock during its first trading days. As lock-up periods expire in the weeks and months ahead and insiders are allowed to sell, the market will be flooded with more and more shares. That increased supply in the face of static demand could cause the stock to tumble.

SpaceX's businesses may have a bright future ahead, but far too much of that hoped-for future is already baked into the stock price.

2. Palantir Palantir has been a market darling since the artificial intelligence trend kicked off in 2023. However, over the last few months, its performance has been a bit rocky. The stock is down nearly 40% from its all-time high, and even that sell-off may not be enough to bring its valuation into alignment with its results. Palantir is generating real profits (unlike SpaceX), but it's not generating enough of them to justify its share price. It trades at 87 times forward expected earnings. That may be more reasonable than SpaceX, but it's still expensive.

PLTR PE Ratio (Forward) data by YCharts.

The company has solid AI-powered data analytics software and an impressive 85% revenue growth rate going for it. However, Palantir's stock could continue to face downward pressure because there is just too much possibly future growth priced into the stock. That makes for a dangerous investment, and I am steering clear of it as a result.

3. AMD AMD falls into the same category as Palantir; it's a solid company with a good product, but the financials and the stock price just don't match up. AMD's stock trades at 73 times forward earnings -- a slightly less lofty ratio than Palantir. But its growth rate isn't better, as its revenue rose by 38% year over year during Q1.

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Wall Street analysts expect some improvement, with revenue growth projections for 2026 and 2027 of 43% and 54%, respectively. However, why would you buy AMD over its chief rival, Nvidia (NVDA 0.93%), when Nvidia is growing much faster? Its top line increased by 85% in Q1. Nvidia also trades at a far cheaper 23.5 times forward earnings. Lastly, AMD's product lineup is inferior to Nvidia's, and Nvidia has a much larger market share in the key AI accelerator market.

With all that in mind, I think AMD is a stock to avoid. There are far better AI stock options out there.

In the latest trading session, Pinterest (PINS - Free Report) closed at $19.86, marking a +1.69% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.43%.

Shares of the digital pinboard and shopping tool company witnessed a gain of 1.03% over the previous month, beating the performance of the Computer and Technology sector with its loss of 2.15%, and the S&P 500's loss of 1.34%.

The investment community will be paying close attention to the earnings performance of Pinterest in its upcoming release. The company's upcoming EPS is projected at $0.36, signifying a 9.09% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.15 billion, up 15.34% from the year-ago period.

PINS's full-year Zacks Consensus Estimates are calling for earnings of $1.91 per share and revenue of $4.86 billion. These results would represent year-over-year changes of +19.38% and +15.03%, respectively.

Investors should also pay attention to any latest changes in analyst estimates for Pinterest. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, the Zacks Consensus EPS estimate has moved 6.23% lower. Pinterest presently features a Zacks Rank of #3 (Hold).

In terms of valuation, Pinterest is currently trading at a Forward P/E ratio of 10.22. Its industry sports an average Forward P/E of 17.83, so one might conclude that Pinterest is trading at a discount comparatively.

One should further note that PINS currently holds a PEG ratio of 0.38. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 0.99 based on yesterday's closing prices.

The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 90, this industry ranks in the top 37% of all industries, numbering over 250.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

Could Micron be ready to resume its record-setting rally?

For the quarter ended May 2026, Micron (MU - Free Report) reported revenue of $41.46 billion, up 345.7% over the same period last year. EPS came in at $25.11, compared to $1.91 in the year-ago quarter.

The reported revenue represents a surprise of +12.91% over the Zacks Consensus Estimate of $36.72 billion. With the consensus EPS estimate being $21.39, the EPS surprise was +17.39%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Micron performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenue by Technology- DRAM: $31.33 billion versus $27.23 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +343.1% change.Revenue by Technology- Other (primarily NOR): $185 million versus $89 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +146.7% change.Revenue by Technology- NAND: $9.94 billion versus the five-analyst average estimate of $7.81 billion. The reported number represents a year-over-year change of +361.4%.View all Key Company Metrics for Micron here>>>

Shares of Micron have returned +17.4% over the past month versus the Zacks S&P 500 composite's -1.3% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

HomeEarnings AnalysisTech 

SummaryMicron Technology, Inc. delivered a blowout fiscal Q3, with revenue up 74% sequentially and 346% year-over-year, supporting my continued bullish stance.MU's forward P/E remains low at 9.4 despite a 265% YTD price surge, as earnings growth outpaces share appreciation, fundamentally supporting the rally.Pricing power, not just volume, is driving MU's results—DRAM and NAND ASPs surged while bit shipments grew modestly, signaling a structural shift in memory economics.Strategic customer agreements, robust HBM4 ramp, and diversified end-market strength suggest the current cycle remains sustainable, though MU risks from overcrowding and future oversupply must be monitored. mesh cube/iStock via Getty Images

Executive Summary Micron Technology, Inc. (MU) delivered exactly what the market needed. It did not just beat estimates. It crushed them.

Everyone held their breath. I am not going to lie, everyone was looking at Micron’s

4.86K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of MU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

The memory company sparks an after-hours rally, sending Nasdaq futures higher.

Item 1 of 2 A Micron logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration

[1/2]A Micron logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

June 24 (Reuters) - Shares of chipmakers surged late on Wednesday, adding over $400 billion in market value after strong ​forecasts from Micron Technology and Qualcomm breathed fresh ‌life into Wall Street's recently waning AI stock rally.

Micron (MU.O), opens new tab surged 12% in extended trade after forecasting quarterly earnings above analysts' estimates, signaling that ​heavy investments in AI-related infrastructure will drive strong ​demand for its memory chips.

Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here.

Also after the bell, ⁠Qualcomm (QCOM.O), opens new tab said it expects $15 billion in sales from its data ​center business by 2029 as it moves beyond its core ​smartphone chip business and shifts its focus to AI.

Western Digital (WDC.O), opens new tab, Sandisk (SNDK.O), opens new tab and Seagate Technology (STX.O), opens new tab, which compete with Micron, all jumped more than ​8%.

Arm Holdings rallied about 6%, Marvell (MRVL.O), opens new tab added almost 4% ​and Broadcom (AVGO.O), opens new tab climbed 2%.

Applied Materials (AMAT.O), opens new tab and ASML , which sell specialized manufacturing ‌equipment ⁠to semiconductor companies, both rose more than 4%.

The blowout forecasts from Micron and Qualcomm follow recent worries on Wall Street that valuations for AI-related companies have become stretched following ​years of ​gains. The ⁠PHLX chip index tumbled 8% on Tuesday, with investors also concerned that massive spending to ​build AI data centers may take too ​long ⁠to pay off in the form of increased revenue and profits.

However, even after this week's weakness, the PHLX chip index ⁠remains ​up 90% so far in 2026. ​Not including its late-day rally on Wednesday, Micron has gained over 260% ​year to date.

Reporting by Noel Randewich; Editing by Chris Reese

Our Standards: The Thomson Reuters Trust Principles., opens new tab

San Francisco correspondent covering the stock market with a focus on Big Tech, semiconductors and other Silicon Valley companies

Teladoc (TDOC - Free Report) closed at $7.81 in the latest trading session, marking a +1.56% move from the prior day. This change outpaced the S&P 500's 0.1% loss on the day. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.43%.

The telehealth services provider's stock has climbed by 16.69% in the past month, exceeding the Medical sector's gain of 1.97% and the S&P 500's loss of 1.34%.

The investment community will be paying close attention to the earnings performance of Teladoc in its upcoming release. The company's earnings per share (EPS) are projected to be -$0.24, reflecting a 26.32% decrease from the same quarter last year. At the same time, our most recent consensus estimate is projecting a revenue of $614.69 million, reflecting a 2.72% fall from the equivalent quarter last year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of -$0.92 per share and a revenue of $2.51 billion, signifying shifts of +19.3% and -0.92%, respectively, from the last year.

It's also important for investors to be aware of any recent modifications to analyst estimates for Teladoc. These revisions typically reflect the latest short-term business trends, which can change frequently. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Teladoc is currently a Zacks Rank #3 (Hold).

The Medical Services industry is part of the Medical sector. At present, this industry carries a Zacks Industry Rank of 96, placing it within the top 40% of over 250 industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Honeywell International Inc. (HON - Free Report) closed the most recent trading day at $227.42, moving +2.27% from the previous trading session. This change outpaced the S&P 500's 0.1% loss on the day. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.43%.

Prior to today's trading, shares of the company had lost 4.04% lagged the Conglomerates sector's gain of 0.05% and the S&P 500's loss of 1.34%.

Analysts and investors alike will be keeping a close eye on the performance of Honeywell International Inc. in its upcoming earnings disclosure. In that report, analysts expect Honeywell International Inc. to post earnings of $2.42 per share. This would mark a year-over-year decline of 12%. Alongside, our most recent consensus estimate is anticipating revenue of $9.56 billion, indicating a 7.66% downward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates project earnings of $10.54 per share and a revenue of $39.35 billion, demonstrating changes of +7.77% and -2.46%, respectively, from the preceding year.

Investors should also note any recent changes to analyst estimates for Honeywell International Inc. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.07% upward. Honeywell International Inc. currently has a Zacks Rank of #3 (Hold).

Investors should also note Honeywell International Inc.'s current valuation metrics, including its Forward P/E ratio of 21.1. Its industry sports an average Forward P/E of 12.3, so one might conclude that Honeywell International Inc. is trading at a premium comparatively.

We can also see that HON currently has a PEG ratio of 3.18. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. HON's industry had an average PEG ratio of 1.48 as of yesterday's close.

The Diversified Operations industry is part of the Conglomerates sector. With its current Zacks Industry Rank of 110, this industry ranks in the top 46% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow HON in the coming trading sessions, be sure to utilize Zacks.com.

In the latest trading session, ServiceNow (NOW - Free Report) closed at $93.80, marking a -2.23% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.1%. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.43%.

Heading into today, shares of the maker of software that automates companies' technology operations had lost 3.98% over the past month, lagging the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.34%.

The investment community will be paying close attention to the earnings performance of ServiceNow in its upcoming release. It is anticipated that the company will report an EPS of $0.86, marking a 4.88% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $3.92 billion, indicating a 22% upward movement from the same quarter last year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $4.13 per share and revenue of $16.18 billion, which would represent changes of +17.66% and +21.88%, respectively, from the prior year.

It's also important for investors to be aware of any recent modifications to analyst estimates for ServiceNow. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. ServiceNow currently has a Zacks Rank of #3 (Hold).

Investors should also note ServiceNow's current valuation metrics, including its Forward P/E ratio of 23.23. This represents a premium compared to its industry average Forward P/E of 12.68.

Also, we should mention that NOW has a PEG ratio of 0.9. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Computers - IT Services industry had an average PEG ratio of 1.13 as trading concluded yesterday.

The Computers - IT Services industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 110, placing it within the top 46% of over 250 industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

In the latest close session, Lockheed Martin (LMT - Free Report) was down 2.39% at $491.64. This move lagged the S&P 500's daily loss of 0.1%. Elsewhere, the Dow saw an upswing of 0.35%, while the tech-heavy Nasdaq depreciated by 0.43%.

Shares of the aerospace and defense company witnessed a loss of 5.49% over the previous month, trailing the performance of the Aerospace sector with its gain of 3.09%, and the S&P 500's loss of 1.34%.

Market participants will be closely following the financial results of Lockheed Martin in its upcoming release. In that report, analysts expect Lockheed Martin to post earnings of $7.09 per share. This would mark a year-over-year decline of 2.74%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $19.41 billion, up 6.9% from the year-ago period.

LMT's full-year Zacks Consensus Estimates are calling for earnings of $29.88 per share and revenue of $79.05 billion. These results would represent year-over-year changes of +29.24% and +5.33%, respectively.

It's also important for investors to be aware of any recent modifications to analyst estimates for Lockheed Martin. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Lockheed Martin presently features a Zacks Rank of #3 (Hold).

Digging into valuation, Lockheed Martin currently has a Forward P/E ratio of 16.85. For comparison, its industry has an average Forward P/E of 25.43, which means Lockheed Martin is trading at a discount to the group.

We can also see that LMT currently has a PEG ratio of 0.91. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Aerospace - Defense was holding an average PEG ratio of 1.48 at yesterday's closing price.

The Aerospace - Defense industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 110, positioning it in the top 46% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

HOUSTON--(BUSINESS WIRE)--The Lanier Law Firm is representing the State of Arkansas and Attorney General Tim Griffin in litigation against Roblox Corp. and Discord Inc., alleging that the companies' online platforms are exposing Arkansas children to sexual predators, grooming, sextortion, and physical harm while assuring parents their children are safe. The complaint filed in Los Angeles County Superior Court characterizes the companies' business operations as a deliberate “two-stage predatory.

SAN FRANCISCO, June 24, 2026 (GLOBE NEWSWIRE) -- Roblox Corporation (NYSE: RBLX) faces a securities class action lawsuit after its April 30, 2026 Q1 2026 report indicating a surprisingly large sequential decline in daily active users (“DAUs”) tempered by its age-check rollout. The news drove the price of Roblox shares down $10.13 (-18%) the next trading day and erased over $6.7 billion from the company’s market capitalization.

The lawsuit seeks to represent investors who purchased or otherwise acquired Roblox common stock between October 30, 2025 and April 30, 2026.

National shareholder rights firm Hagens Berman is investigating the legal claims that Roblox and its co-defendants violated the federal securities laws. The firm encourages Roblox investors who suffered substantial losses to submit your losses now.

Class Period: Oct. 30, 2025 – Apr. 30, 2026
Lead Plaintiff Deadline: Aug. 7, 2026
Visit: www.hbsslaw.com/investor-fraud/rblx
Contact the Firm Now: [email protected]
                                        844-916-0895

Roblox Corporation (RBLX) Securities Class Action:

The primary focus of the litigation is on the propriety of Roblox’s disclosures about the impact on its business and prospects of the age-check verification rollout aimed at increasing safety within certain social features on its platform. The rollout began in November 2025.

Throughout the Class Period, Roblox has characterized its rollout as the “gold standard” intended to be implemented with “no friction.” The company has also touted its high year-over-year DAU growth and related revenue and bookings growth.

As recently as February 5, 2026, during Roblox’s Q4 2025 earnings call, CEO David Baszucki responded to an analyst’s question about additional detail about the age-check rollout, assuring investors that “[w]e’re very excited and proud of the way our age verification rollout has gone” and “we found so many other opportunities for optimization that I’m very pleased and happy about the way the rollout has gone.”

The complaint alleges that Roblox made false and misleading statements while failing to disclose important information to investors about the true state of the company’s growth potential. More specifically, the complaint alleges that Roblox would see significant growth slowdown as enrollments in its age-check rollout would quickly taper, compounding the resulting slowdown in on-line platform communication and resulting in app store rating reductions and a swift reduction in organic growth.

The truth entered the market on April 30, 2026. That day, Roblox reported its Q1 2026 financial results, revealed a steep deceleration in year-over-year and sequential DAU growth, slashed its 2026 revenue guidance (reflecting ongoing shrinkage in DAU growth), and severely cut its 2026 bookings growth midpoint from 24% to just 10%.

The company blamed its adverse situation on just 51% of Roblox global DAUs having age checked and further revealed that “as a result of age check […] we have seen a reduction in app store ratings, and we believe this may be contributing to a reduction in organic sign-ups that typically flow from app stores.” Roblox also said its lowered prospects are the result of “continued friction” resulting from the age-check rollout.

“We’re focused on when Roblox and its management knew of the adverse consequences of the age-check rollout and whether they intentionally misled investors,” said Reed Kathrein, the Hagens Berman partner leading the firm’s investigation.

If you invested in Roblox and have substantial losses, or have knowledge that will assist the firm’s investigation, submit your losses now.

If you’d like more information and answers to other frequently asked questions about the Roblox case and the firm’s investigation, read more.

Whistleblowers: Persons with non-public information regarding Roblox should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected] .

About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

Contact:
Reed Kathrein, 844-916-0895

Snap (SNAP - Free Report) closed at $4.53 in the latest trading session, marking a +1.57% move from the prior day. This change outpaced the S&P 500's 0.1% loss on the day. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.43%.

The company behind Snapchat's shares have seen a decrease of 22.44% over the last month, not keeping up with the Computer and Technology sector's loss of 2.15% and the S&P 500's loss of 1.34%.

The upcoming earnings release of Snap will be of great interest to investors. The company is forecasted to report an EPS of $0.07, showcasing a 800% upward movement from the corresponding quarter of the prior year. Simultaneously, our latest consensus estimate expects the revenue to be $1.53 billion, showing a 13.99% escalation compared to the year-ago quarter.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.6 per share and revenue of $6.7 billion. These totals would mark changes of +81.82% and +12.91%, respectively, from last year.

Investors should also pay attention to any latest changes in analyst estimates for Snap. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, there's been a 10.64% rise in the Zacks Consensus EPS estimate. Snap is currently a Zacks Rank #3 (Hold).

In terms of valuation, Snap is currently trading at a Forward P/E ratio of 7.5. This signifies a discount in comparison to the average Forward P/E of 17.83 for its industry.

It's also important to note that SNAP currently trades at a PEG ratio of 0.14. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. Internet - Software stocks are, on average, holding a PEG ratio of 0.99 based on yesterday's closing prices.

The Internet - Software industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 90, positioning it in the top 37% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Strategy Inc (NASDAQ: MSTR, STRF, STRC, STRK, STRD) resulting from allegations that Strategy may have issued materially misleading business information to the investing public.

So What: If you purchased Strategy securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

What to do next: To join the prospective class action, go to https://rosenlegal.com/cases/strategy-inc/join or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

What is this about: Rosen Law Firm is investigating potential civil securities claims.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

More News From The Rosen Law Firm, P.A.

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In the latest trading session, Warner Bros. Discovery (WBD - Free Report) closed at $27.20, marking a +1.19% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.1%. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.43%.

The stock of operator of cable TV channels such as TLC and Animal Planet has fallen by 0.44% in the past month, leading the Consumer Discretionary sector's loss of 1.78% and the S&P 500's loss of 1.34%.

Investors will be eagerly watching for the performance of Warner Bros. Discovery in its upcoming earnings disclosure. On that day, Warner Bros. Discovery is projected to report earnings of -$0.12 per share, which would represent a year-over-year decline of 119.05%. At the same time, our most recent consensus estimate is projecting a revenue of $9.39 billion, reflecting a 4.33% fall from the equivalent quarter last year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of -$1.07 per share and a revenue of $37.04 billion, representing changes of -468.97% and -0.69%, respectively, from the prior year.

Investors should also pay attention to any latest changes in analyst estimates for Warner Bros Discovery. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 49.63% lower. Warner Bros. Discovery is holding a Zacks Rank of #3 (Hold) right now.

The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 164, this industry ranks in the bottom 33% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.

In the latest trading session, Devon Energy (DVN - Free Report) closed at $42.74, marking a -1.5% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.1%. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.43%.

Prior to today's trading, shares of the oil and gas exploration company had lost 3.88% was narrower than the Oils-Energy sector's loss of 7.58% and lagged the S&P 500's loss of 1.34%.

The upcoming earnings release of Devon Energy will be of great interest to investors. The company's upcoming EPS is projected at $1.29, signifying a 53.57% increase compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $6.43 billion, up 50.08% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $4.97 per share and a revenue of $24.72 billion, demonstrating changes of +26.79% and +43.84%, respectively, from the preceding year.

It is also important to note the recent changes to analyst estimates for Devon Energy. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 18.58% higher. At present, Devon Energy boasts a Zacks Rank of #3 (Hold).

From a valuation perspective, Devon Energy is currently exchanging hands at a Forward P/E ratio of 8.73. This expresses a discount compared to the average Forward P/E of 9.43 of its industry.

The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 107, which puts it in the top 44% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.

Cardinal Health (CAH - Free Report) closed the most recent trading day at $233.01, moving +1.79% from the previous trading session. This change outpaced the S&P 500's 0.1% loss on the day. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.43%.

Heading into today, shares of the prescription drug distributor had gained 14.24% over the past month, outpacing the Medical sector's gain of 1.97% and the S&P 500's loss of 1.34%.

Investors will be eagerly watching for the performance of Cardinal Health in its upcoming earnings disclosure. It is anticipated that the company will report an EPS of $2.41, marking a 15.87% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $65.61 billion, reflecting a 9.06% rise from the equivalent quarter last year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $10.76 per share and revenue of $256.24 billion, indicating changes of +30.58% and +15.12%, respectively, compared to the previous year.

Investors should also pay attention to any latest changes in analyst estimates for Cardinal Health. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Cardinal Health is holding a Zacks Rank of #3 (Hold) right now.

With respect to valuation, Cardinal Health is currently being traded at a Forward P/E ratio of 21.27. This valuation marks a premium compared to its industry average Forward P/E of 15.58.

We can also see that CAH currently has a PEG ratio of 1.25. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The average PEG ratio for the Medical - Dental Supplies industry stood at 1.66 at the close of the market yesterday.

The Medical - Dental Supplies industry is part of the Medical sector. This group has a Zacks Industry Rank of 97, putting it in the top 40% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.

DraftKings (DKNG - Free Report) closed at $24.53 in the latest trading session, marking a -2.47% move from the prior day. This change lagged the S&P 500's 0.1% loss on the day. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.43%.

Coming into today, shares of the company had gained 5.63% in the past month. In that same time, the Consumer Discretionary sector lost 1.78%, while the S&P 500 lost 1.34%.

The investment community will be paying close attention to the earnings performance of DraftKings in its upcoming release. In that report, analysts expect DraftKings to post earnings of $0.34 per share. This would mark a year-over-year decline of 10.53%. In the meantime, our current consensus estimate forecasts the revenue to be $1.57 billion, indicating a 3.85% growth compared to the corresponding quarter of the prior year.

For the full year, the Zacks Consensus Estimates are projecting earnings of $1.15 per share and revenue of $6.8 billion, which would represent changes of +74.24% and +12.38%, respectively, from the prior year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for DraftKings. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. As of now, DraftKings holds a Zacks Rank of #3 (Hold).

Looking at valuation, DraftKings is presently trading at a Forward P/E ratio of 21.82. For comparison, its industry has an average Forward P/E of 17.02, which means DraftKings is trading at a premium to the group.

The Gaming industry is part of the Consumer Discretionary sector. This industry, currently bearing a Zacks Industry Rank of 186, finds itself in the bottom 24% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.

To say Carvana's (CVNA +4.55%) past five years have been a roller coaster could be the understatement of 2026. Carvana, one of the nation's largest used-car retailers, was on the brink of bankruptcy in late 2022 due to a pandemic-era decline in used-car demand, high interest rates, and a large acquisition that added to its debt pile.

The company pulled together, restructured its debt, which was a huge relief to near-term debt maturities and massive interest burdens on said debt, and has since thrived. In fact, if you had invested $10,000 in Carvana three years ago, the value of that investment would be approaching $130,000 today. Here's the wild part: Rather than being on the brink of bankruptcy, Carvana might be on the brink of disrupting a whole new business segment -- and its stock could soar again.

Image source: Carvana.

Carvana built a better mousetrap Carvana surprised a whole bunch of investors when it announced it was buying a handful of brick-and-mortar automotive dealerships, seemingly at odds with the online-only business model that enabled it to thrive in recent years. Carvana dipping its toes into the brick-and-mortar world is far more complex and intriguing than simply beginning sales of new vehicles, and it could drive the business to new heights.

The more amusing part of the strategy is that it's still not going to sell you a new car at the brick-and-mortar dealership. Rather than merge into the world of dealerships, salesmen, and traditional new-vehicle sales methods, Carvana is using these dealerships as service locations and test-drive centers to connect with consumers in a new way and lead them to the online service for purchase.

If you're raising your eyebrow in skepticism, take a look at the next figures. Carvana's first new-car dealership, a Stellantis (STLA 1.93%) franchise in Casa Grande, Arizona, sold more than 700 new vehicles last month, CNBC reported. Not only did that dwarf the dealership's previous average of roughly 30 to 50 monthly sales before Carvana took over, according to The Wall Street Journal, but it also turned it into the nation's best-selling store.

This strategy not only opens the door to new revenue streams via new-car sales, but it is also much more than that. Purchasing dealerships opens the door for Carvana to bring in more vehicle inventory through trade-ins and/or buying vehicles from not only its customers but also through exclusive auctions only open to franchised dealers. This is a big deal and a cheaper way to turn inventory into bottom-line profits.

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But wait, there's more Automotive retail can generally be summarized into four distinct areas of value: new vehicle sales, used vehicle sales, parts and service (P&S), and finance and insurance (F&I). Previously, Carvana obviously was thriving on its used-car online business and also offered finance and insurance. Now it can cover all aspects of automotive retail, which includes the higher-margin parts and service segment.

Saying parts and service is a higher-margin business doesn't do it justice. Using AutoNation as a benchmark, as one of the largest publicly traded dealership groups, investors have great insight into how the numbers from revenue to gross profit flip completely in the auto retail business.

This first pie graph (revenue) probably splits the automotive retail pie roughly as investors expect, driven largely by, of course, new and used vehicle sales.

Data source: AutoNation Q1 2026 10Q. Chart: Author.

Here's where the auto retail business gets intriguing when looking at gross margins.

Data source: AutoNation Q1 2026 10Q. Chart: Author.

In other words, while AutoNation's P&S segment generated only 19% of first-quarter revenue, it generated almost half of the company's gross profit. Taking it a step further, while F&I and P&S are likely afterthoughts for many investors, the two combined accounted for 78% of AutoNation's gross profit during the first quarter.

Let's refocus OK, that's a lot to digest, and for many investors it might be eye-opening. Let's refocus more broadly on why Carvana's strategic move to buy dealerships is a huge win and summarize three key points.

First, the move to buy dealerships gives Carvana access to new-car buyers with trade-in vehicles and to exclusive dealership vehicle auctions. Both are cheaper ways to acquire inventory, which, thanks to Carvana's online reach, only improves the company's economic moat and competitive advantages. Traditional dealerships can generally only sell local inventory to local customers, whereas Carvana can sell you a vehicle from one side of the nation to the other -- and now it has even more inventory access to offer, luring in more customers.

Second, this opens two new doors for Carvana's business. Yes, it had already been thriving in used-car sales and covered F&I, but now it covers the other two aspects of auto retail via new-car sales and P&S. These are incremental and additional revenue streams that will drastically boost its overall business.

Third, diversification plays a big role in Carvana's strategic decision to buy dealerships. Carvana was on the brink of bankruptcy in part due to a struggling used-car market. Adding new-vehicle sales to the mix helps diversify its top and bottom lines, because sometimes one sector of the auto retail business is hot, and one is not. And in cases when both of those sectors are not hot, P&S still does great business because if a car needs repairs, or warranty and recall work, it doesn't matter what the new and used retail markets are doing.

Time to buy? Carvana could continue to buy brick-and-mortar dealerships while never selling a vehicle on-site ever, and it could still completely change the game, as shown by the instant success its Arizona dealership is having. That's because this strategy really isn't about traditional dealership sales. Consider that Carvana has roughly seven dealerships purchased out of about 16,990 retailers in the U.S. market. Those nearly 17,000 retailers generated $1.3 trillion in sales last year alone, leaving incredible growth ahead. Carvana's strategic pivot was wild, caught many off guard, and it's brilliant.

CVNA data by YCharts

It took three years for Carvana to turn a $10,000 investment into $130,000, and if the company continues to buy dealerships, it will likely take longer to build into a repeat scenario. But it may not be the last time Carvana turns a $10,000 investment into a 10-bagger.

Chipotle Mexican Grill (CMG - Free Report) ended the recent trading session at $31.69, demonstrating a +2.39% change from the preceding day's closing price. This change outpaced the S&P 500's 0.1% loss on the day. At the same time, the Dow added 0.35%, and the tech-heavy Nasdaq lost 0.43%.

The Mexican food chain's shares have seen a decrease of 4.21% over the last month, surpassing the Retail-Wholesale sector's loss of 6.49% and falling behind the S&P 500's loss of 1.34%.

Market participants will be closely following the financial results of Chipotle Mexican Grill in its upcoming release. The company plans to announce its earnings on July 29, 2026. The company's upcoming EPS is projected at $0.32, signifying a 3.03% drop compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $3.32 billion, reflecting a 8.25% rise from the equivalent quarter last year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.13 per share and revenue of $12.93 billion. These totals would mark changes of -3.42% and +8.4%, respectively, from last year.

Investors might also notice recent changes to analyst estimates for Chipotle Mexican Grill. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.07% higher. Chipotle Mexican Grill is currently a Zacks Rank #3 (Hold).

Digging into valuation, Chipotle Mexican Grill currently has a Forward P/E ratio of 27.35. This signifies a premium in comparison to the average Forward P/E of 18.89 for its industry.

We can additionally observe that CMG currently boasts a PEG ratio of 1.99. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Restaurants stocks are, on average, holding a PEG ratio of 1.88 based on yesterday's closing prices.

The Retail - Restaurants industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 191, positioning it in the bottom 22% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow CMG in the coming trading sessions, be sure to utilize Zacks.com.

Jefferies (JEF - Free Report) came out with quarterly earnings of $1.03 per share, missing the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.43 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -5.51%. A quarter ago, it was expected that this investment banking and capital markets company would post earnings of $0.89 per share when it actually produced earnings of $0.89, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Jefferies, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $2.21 billion for the quarter ended May 2026, missing the Zacks Consensus Estimate by 0.61%. This compares to year-ago revenues of $1.63 billion. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Jefferies shares have lost about 2.3% since the beginning of the year versus the S&P 500's gain of 7.6%.

What's Next for Jefferies?While Jefferies has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Jefferies was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.96 on $2.11 billion in revenues for the coming quarter and $3.68 on $8.45 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Blackstone Inc. (BX - Free Report) , has yet to report results for the quarter ended June 2026.

This investment manager is expected to post quarterly earnings of $1.34 per share in its upcoming report, which represents a year-over-year change of +10.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Blackstone Inc.'s revenues are expected to be $3.38 billion, up 10% from the year-ago quarter.